Idaho Statutes

§ 26-1003 — RECEIVING DEPOSITS WHEN INSOLVENT

Idaho·Title 26 BANKS AND BANKING·Ch. 10 CLOSING AND LIQUIDATION OF BANKS
The owners or officers of any bank or trust company who shall receive any deposits, knowing that such bank or trust company is insolvent, shall be guilty of a felony and punished, upon conviction thereof, by a fine not exceeding one thousand dollars ($1,000), or imprisonment in the state penitentiary not exceeding two (2) years, or both such fine and imprisonment, at the discretion of the court.

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Legislative History

[26-1003, added 1979, ch. 41, sec. 2, p. 103.]

Nearby Sections

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